Startups and small businesses are now allowed to raise $1 million annually from small-dollar investors, which opens the doors to opportunity for businesses owned by women, veterans and minorities. And why is this important? Because access to capital is a major barrier to growing a business and people of color have little family wealth they […]
Press Release for the Financial Inclusion Competition Winner, WealthyLife
Contact: John Keaten, 212-784-5701, jkeaten@groupgordon.com Simona Combi, 202-735-0519, simona@globalpolicysolutions.org Center for Global Policy Solutions’ Financial Inclusion Competition Winner WealthyLife Gets JPMorgan Chase & Co. Grant to Build Mobile Game to Increase Financial Capability “Credit Stacker” will be distributed for free in 28 cities through WealthyLife’s work with ConnectHome, a public-private initiative to expand broadband access, […]
Time.com op-ed: Obama Should Propose a 9/11-Style Fund for Flint
In this op-ed, Maya Rockeymoore discusses why government officials need to develop a policy response that residents actually need: a 9/11-style fund that provides resources, in the form of direct compensation and subsidized lifetime healthcare, for affected households. The time has come for state and federal policymakers to fix what they broke by offering Flint […]
Fusion: President Obama condemns ‘corrosive attitude’ that lead to Flint water crisis
The article covers President Obama’s visit to Flint and discusses the various government efforts to replace the city’s water pipes, but Maya Rockeymoore, CGPS President and CEO, makes the point that that is not sufficient. “People of color were disproportionately harmed, because they had an infrastructure that was older and more decrepit, because the water caused more […]
Share Your Social Security Story with Us!
The Center for Global Policy Solutions seeks volunteers to share their experiences with receiving Social Security benefits as a child or youth. Many Americans are unaware that children and youths receive Social Security as survivors of a parent who has died, dependents of a parent who is disabled and/or dependents of an older adult who […]
KSNW: Summit to address neighborhood safety concerns and highlight progress
Our Community Engagement Initiative organized a summit in Kansas on neighborhood health and safety, which KSNW covered. Organizers are working through a grant managed by the Center for Global Policy Solutions to increase the health and safety of the community. “That grant is a wonderful asset to the community there just south of WSU and […]
The Nation: Lead Poisoning in Flint Is More Than a Health Crisis
Zoë Carpenter talked to Maya Rockeymoore about the devastating implications of the Flint water crisis: Even more devastating may be what the water crisis has done to residents’ wealth. Flint’s population, which is 57 percent black, is particularly vulnerable to downward swings in the housing market. Nationally, home equity accounts for a staggering 92 percent of black Americans’ […]
The American Prospect: Warren Calls on Banks to Invest in Minority Neighborhoods, Businesses
Isaac Park discusses Senator Elizabeth Warren’s keynote speech at the 2016 Color of Wealth Summit. Senator Warren discussed the need for government to make real investments in communities of color, which were deeply affected by the housing collapse. It’s this low family wealth that prevents entrepreneurs of color from succeeding as business owners. “The housing collapse destroyed […]
The Hill Op-Ed on The Color of Entrepreneurship
Senior Research Fellow Algernon Austin highlights findings from his report, “The Color of Entrepreneurship“: People of color are indeed interested in being entrepreneurs. In fact, when one looks only at businesses without employees, women of color are more likely to be entrepreneurs than white women. The problem for people of color is growing their businesses […]
Media Coverage of “The Color of Entrepreneurship” Report
Report: The Color of Entrepreneurship: Why the Racial Gap Among Firms Costs the U.S. Billions Coverage: Inc.com: These Black CEOs Couldn’t Get a Loan (Now They Run Some of the Fast-Growing Companies in America) Black Enterprise: #BlackBizMatters: Spending $1.2 Trillion Black Buying Power With Black Businesses Fast Company: One Of The Biggest Challenges Of Getting Funding For Minority-Owned […]
